The Problems and Prospect of Trade Economic Cooperation between China and Kazakhstan

  • A. M. Myrzakhmetova
  • A. Balapan

Abstract

China officially proposed the strategy ‘one belt one road’ in 2013, which aims to jointly faciliatethe regional economic intergration by strengthening cooperation with neighboring countries. After thestrategy ‘one belt one road’ had been proposed, Kazakhstan, as a necessary part of the Silk Road, andChina will develop further exchange and communication in economics, politics, culture. The geographicallocation of China and Kazakhstan are border to each other and their resources can complement eachother’s needs. These conditions give important opportunity and juncture for two countries on tradecooperation and mutual investment. The aim of this article is to reveal the main problems of trade cooperationbetween China and Kazakhstan. This article takes the industrial cooperation between Chinaand Kazakhstan as the research object, analyzes the current trade between China and Kazakhstan andthe significance of industrial cooperation. Methodology of the article consists of mathematical analysis,scientific analysis and synthesis, statistical methods, historical method. Finally discuss the further opportunitiesfor economic and trade cooperation between the two countries according to the currenteconomic situation. The main conclusion of the article consists of idea that Kazakhstan and China needto deepen and expand their trade relations.Key words: Trade cooperation, industry cooperation, one belt one road, Kazakhstan.
Published
2018-03-15
How to Cite
MYRZAKHMETOVA, A. M.; BALAPAN, A.. The Problems and Prospect of Trade Economic Cooperation between China and Kazakhstan. International relations and international law journal, [S.l.], v. 80, n. 4, p. 102-109, mar. 2018. ISSN 1563-0285. Available at: <http://bulletin-ir-law.kaznu.kz/index.php/1-mo/article/view/754>. Date accessed: 20 apr. 2018.